I agree with Agent; this is a common occurrence in mergers. However, what Greenberg said is uncommon. Subtly, indirectly categorizing recent or future defectors as ‘not willing to work hard’ (paraphrased) requires a bit of hubris. It is quite possible that better career opportunities exist elsewhere…. for hard workers.
It is interesting or perhaps telling that Robusto ‘busted out’ after it was thought (or he said?) he would stay in the fold.
you could do a lot worse for leadership than have Greenberg genes. most every insurance company in america would be happy to have AIG’s track record absent the hedge fund debacle which I might add did no occur on Greenberg’s watch.
I know a lot of company people and trust me, none want anything to do with the track record of AIG. Greenberg, the old man was there with the Bid Rigging scandal in cahoots with Marsh. They were thugs then and they still are.
From what I have seen, there have been a number of executives leave which is common on sales/mergers of companies.
I agree with Agent; this is a common occurrence in mergers. However, what Greenberg said is uncommon. Subtly, indirectly categorizing recent or future defectors as ‘not willing to work hard’ (paraphrased) requires a bit of hubris. It is quite possible that better career opportunities exist elsewhere…. for hard workers.
It is interesting or perhaps telling that Robusto ‘busted out’ after it was thought (or he said?) he would stay in the fold.
Well Yogi, he is a Greenberg and we know the roots, don’t we?
you could do a lot worse for leadership than have Greenberg genes. most every insurance company in america would be happy to have AIG’s track record absent the hedge fund debacle which I might add did no occur on Greenberg’s watch.
I know a lot of company people and trust me, none want anything to do with the track record of AIG. Greenberg, the old man was there with the Bid Rigging scandal in cahoots with Marsh. They were thugs then and they still are.